White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase – Should You Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares saw unusually-high trading volume on Tuesday . Approximately 6,062 shares traded hands during trading, a decline of 45% from the previous session’s volume of 10,965 shares.The stock last traded at $1,923.19 and had previously closed at $1,929.55.

White Mountains Insurance Group Stock Down 1.3 %

The firm has a fifty day simple moving average of $1,929.36 and a 200-day simple moving average of $1,821.45. The company has a market capitalization of $4.80 billion, a PE ratio of 7.40 and a beta of 0.46. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Versant Capital Management Inc raised its stake in shares of White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares in the last quarter. UMB Bank n.a. lifted its holdings in White Mountains Insurance Group by 40.0% during the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after buying an additional 8 shares during the last quarter. GAMMA Investing LLC grew its position in shares of White Mountains Insurance Group by 104.2% in the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 25 shares in the last quarter. Quarry LP bought a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at approximately $93,000. Finally, KBC Group NV raised its position in shares of White Mountains Insurance Group by 21.9% during the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after acquiring an additional 14 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.